The skinny on McCrory’s budget

The folks at the N.C. Budget & Tax Center have parsed the budget recently proposed by Governor Pat McCrory. The whole report[1] is worth your time. Here is one inescapable conclusion.

While the proposal represents a 1.8-percent increase over the $20.2 billion FY2013-14 base budget, it would nonetheless spend 8.4 percent less than the last state budget approved before the onset of the Great Recession (FY2007-08) when adjusted for inflation. As such, this proposal would continue to significantly underfund basic public services and structures.